HAVE A WORKING KNOWLEDGE OF OPTIONS FOR THE SECURITIES INDUSTRY ESSENTIALS (SIE) EXAM!
Bob Eder's Study for the Securities Industry Exam (SIE) contains 17 chapters, closely following the official FINRA Content Outline for the SIE Exam. One of the important topics that you need to know for the SIE Exam is options. ( See 2.1.3 in the FINRA Content Outline Study Guide. ) Study for the SIE Exam covers options in depth and detail. Be prepared for Options on the SIE Exam. Don't walk in on the test without a working knowledge of Options. Here is a Bob Eder question on Options. See if you can answer it correctly! Which two of the following are bullish options strategies? i. long calls ii. short calls III. long puts iv. short puts a. i and iii b. i and iv c. ii and iii d. ii and iv The answer is (b), long calls and short puts. Long calls are bullish because they are profitable if the underlying stock goes up. Then the value of a c...